All other items in her background and credit check are acceptable to you?

I wanted to buy several properties but I told them I would do just 1 small duplex to test them out and see if I like how things work out and then I would buy many more.I own several businesses but I had never had an investment/rental property yet.

If you were to venture into STR I would suggest starting with one to test the market and see if it is something you would like to continue to expand into. 

As well as moving from higher cap ex exposure to lower cap ex exposure.Cash flow may go down but when the other components of the IRR go up ( appreciation, depreciation, and amortization of the loan) your IRR goes to the moon and more than offsets any drop in cash flowJust make sure you stress test and can withstand any drop in cash flow.

Accepting pets is a great way to build loyal, grateful, long term tenants. 

Why, because of the extra work on my part to administer the hold backs, draws, inspections, etc.Now I can offer rehab money if they are willing to accept a third-party funds control company.

I’ve just had to accept that this is my passion not hers.

First post to test the waters!

How do you currently accept payment from applicants?

I just carry them with me and fill them out on the fly if I get an offer accepted.